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Aoxing Pharmaceutical announces resignation of CFO Bob Yunjun

Aoxing Pharmaceutical announced that Bob Yunjun Ai has resigned as Chief Financial Officer of the company to pursue other business interests, effective as of July 1. The company has appointed Guoan Zhang as acting Chief Financial Officer to replace Ai. Zhang was Senior Vice President of Finance prior to the appointment. The company also appointed Guirong Zhou as Vice President of R&D to lead the R&D function.